NBU expects further inflation slowdown in Aug year on year

In July 2018, inflation was estimated at 8.9% y-o-y, down from 9.9% in June 2018.

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The National Bank of Ukraine (NBU) expects further reduction in inflation in August 2018 year-over-year (y-o-y), while forecasting deflation against July 2018.

NBU Deputy Governor Dmytro Solohub says the data array for NBU analysis covers up to 46% of the Ukrainian consumer basket and includes over 130 components of the consumer price index.

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As UNIAN reported earlier, inflation in Ukraine in July 2018 was estimated at 8.9% y-o-y, slowing down from 9.9% in June 2018.

Prices dropped by 0.7% in July 2018 from the previous month, following a zero growth in June from May and in May from April.

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